Gas Supply

Norway’s $1 Billion Gas Aid to Ukraine: A Smart Move, Not Charity

Following a meeting in Vilnius, Norway pledged to help Ukraine overcome a potential one billion euro winter gas deficit resulting from Russian attacks on Ukrainian energy infrastructure. This support builds upon Norway’s substantial existing aid to Ukraine, totaling over $4.5 billion. The agreement addresses a shortfall in Ukrainian gas production caused by these attacks, ensuring sufficient supply for the Ukrainian population. Discussions also covered broader support for Ukraine, including air defense strengthening and bolstering drone production.

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Moldova Declares Emergency Over Potential Russian Gas Cut-Off

With the Russia-Ukraine gas transit deal expiring December 31st and no extension planned, Moldova declared a national state of emergency due to potential energy shortages. This action follows Russia’s recent massive missile strike on Ukraine’s energy infrastructure and the threat of halted gas supplies to Moldova’s Transnistrian region, which could create a humanitarian crisis. Moldovan Prime Minister Dorin Recean aims to end the country’s energy vulnerability. Russia has expressed willingness to continue supplying gas to Europe via Ukraine.

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